93 Million Non-Working Americans The United States Bureau of Labor Statistics defines people not in the work force as being 16 years and older who are not employed and have not “made specific efforts to find employment sometime during the 4-week period ending with the reference week.” According to the BLS, there are 93,175,000 Americans of working age who are
Expects to Significantly Expand its Midstream Business Long Term Valero Energy (ticker: VLO), the largest refiner in the United States with throughput capacity of 2.90 MMBOPD, reported net income of $964 million, or $1.87 per share, in its Q1’15 results on April 28, 2015. The results are a record for VLO’s first quarter operations and are 16% higher than Q1’14
Utah oilsands producer American Sands has received DEQ approval American Sands Energy (ticker: AMSE) announced today that it has reached another milestone on the road to starting production at its Sunnyside oilsands project. The Department of Environmental Quality (DEQ) published Ground Water Discharge Permits and its associated Construction Permit for the project, according to a company press release. “Obtaining the
Energy Transfer Partners, L.P. (ETP) today announced that its Board of Directors has approved a $0.02 increase in its quarterly distribution to $1.015 per ETP common unit ($4.06 annualized) for the quarter ended March 31, 2015. The quarterly distribution of $1.015 represents a distribution increase of $0.32 per common unit on an annualized basis, or 8.6%, compared to the first
Energy Transfer Partners, L.P. (ETP) (“ETP”) and Regency Energy Partners LP (RGP) (“Regency”) today announced that at a special meeting of Regency unitholders held earlier today, the unitholders voted to adopt the Agreement and Plan of Merger dated as of January 25, 2015, as amended (the “Merger Agreement”), by and among Regency, ETP, their respective general partners, certain wholly owned
Russian oil major Lukoil seeking change in compensation from OPEC producer Lukoil (ticker: LKOH) will continue negotiations with the Iraqi government about the continued development of the Nasiriya project. The Iraqi government is trying to develop a 300 MBOPD refinery in the Nasiriya oil field, which is estimated to have over 4 billion barrels of oil in place. Vagit Alekperov,
PrairieSky Announces First Quarter 2015 Results PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX:PSK) is pleased to announce its first quarter operating and financial results for the period ended March 31, 2015. Highlights: Funds from Operations of $37.7 Million during the first quarter Leased land for new and existing plays, collecting a record $6.0 Million in lease issuance bonus consideration
Story by the Chicago Tribune After two straight postponements due to security reasons in Baltimore, the White Sox and Orioles will meet Wednesday at Camden Yards. But there’s one catch. The teams will play Wednesday’s game at 2:05 p.m. ET in front of an empty stadium because the game will be closed to the public. The Orioles said they consulted
TransCanada to Hold Annual and Special Meeting of Shareholders and Issue 2015 First Quarter Results May 1 TransCanada Corporation’s (TSX:TRP) (NYSE:TRP) (TransCanada) 2015 Annual and Special Meeting of Shareholders will be held Friday, May 1, 2015 at 10 a.m. (MDT) / 12 p.m. (EDT) at the BMO Centre (20 Roundup Way SE) in Calgary. Russ Girling, TransCanada president and chief
Enbridge, TransCanada, Kinder Morgan Working Together to Evaluate Aerial-Based Pipeline Safety Technologies Three North American pipeline industry leaders – Enbridge Pipelines Inc., TransCanada Corporation, and Kinder Morgan Canada – have signed a Joint Industry Partnership (JIP) agreement to conduct research into aerial-based leak detection technologies, in the interest of enhancing across-the-board pipeline safety. This partnership illustrates a spirit of collaboration
DCP Midstream Partners Announces Quarterly Distribution DCP Midstream Partners, LP (DPM) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.78 per common unit for the quarter ended March 31, 2015, or $3.12 per unit on an annualized basis. This distribution remains unchanged from the previous quarter and reflects the current industry
Regency Energy Partners LP Unitholders Approve Merger with Energy Transfer Partners, L.P. Energy Transfer Partners, L.P. (ETP) (“ETP”) and Regency Energy Partners LP (RGP) (“Regency”) today announced that at a special meeting of Regency unitholders held earlier today, the unitholders voted to adopt the Agreement and Plan of Merger dated as of January 25, 2015, as amended (the “Merger Agreement”),
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